Nigeria’s Oil Revenue Hits $26bn In 7months Following the rally in global crude oil prices, Nigeria has recorded a significant increase in oil export revenue as the country earned an estimated $26bn in the first seven months of this year. The country saw its oil export...

Digital Economy: FG Targets $88bn Revenue   The Federal Government has a target of generating $88bn and creating three million jobs through the nation’s digital economy within a period of 10 years. It stated that it had embarked on activities to effectively grow the digital space in...

70% Of Power Revenue Losses Come From Unmetered Consumers The highest amount of revenue losses in Nigeria’s power sector come from areas that have high concentration of unmetered electricity consumers. It was also gathered that about 70 per cent of revenue losses recorded by power distribution...

NIRSAL Aims At N1.6tn Revenue For Smallholder Farmers The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending is planning to assist smallholder farmers to generate a total revenue of N1.6tn. The revenue is expected to be generated through the cultivation of four million hectares of farm...

NIMASA Contractors Fail To Remit $286m Revenue – Reps   Private firms engaged by the Nigerian Maritime Administration and Safety Agency to collect revenue on its behalf have failed to remit money in excess of $286m to the Federal Government, the House of Representatives Committee on...

Report: Maritime Sector Operates Inefficiently, Despite N299.6bn Revenue Experts at Afrinvest Research Limited have called on the federal government to maximise the huge economic potential of the maritime sector, to diversify the nation’s economy. They argued that the Nigerian seaports have been underutilised and operated in...